The second part of the trial on patent infringement between Microsoft and Google's Motorola will continue this week.
Software & IT services
RingCentral files for IPO
RingCentral submitted an application for an IPO with the US SEC. A leading provider of cloud business communications to the market announced the filing of a registration statement on Form S-1 with the SEC.
PE company takes Globecomm private for USD340 million
Globecomm Systems Inc. said that it had agreed acquisition from Wasserstein & Co for USD340 million.
Acquia Hires Finance Chief as IPO Talks Begin
Acquia Inc. hired a new chief financial officer before it would start discussions with banks for an IPO.
Canva launches graphic design platform from USD3 million funding
Canva launched a new tool for design creation and collaboration through a USD3 million in seed funding.
Latest News
Infosys Vice President and Financial Services Head for the Americas Sudhir Chaturvedi announced resignation following a previous exit of the company's head of global sales, Basab Pradhan.
Microsoft CEO Steven Ballmer announced leaving the company within 12 months which also left the software maker in woes to find a replacement.
A federal judge upheld a jury decision against Marvell Technology on the patent infringement case filed Carnegie Mellon University.
Uber, a startup company, confirmed that it had raise a total of USD258 million from Google Ventures and TPG and had taken several new members into its Board of Directors.
Microsoft CEO Steve Ballmer would sit as the second biggest shareholder in Microsoft, after co-founder Bill Gates, after his retirement to follow in the next 12 months.
Microsoft CEO Steve Ballmer announced his retirement within the next 12 months through a statement issued on the company's website.
Taulia raised USD18 million in Series C funding led by Germany's Klaus Hommels among others. In a bid to expand to Europe and develop products and personnel, the company had raise USD18 million in Series C funding.
Taulia Inc scored a total of USD 18 million for its Series C round led by Lakestar. San Franciso, California-based Taulia Inc bagged USD 18 million for its Series C round.
Qualcomm inked a definitive agreement to sell subsidiary Omnitracs Inc to Vista Equity Partners in a deal valued at USD 800 million.
